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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?


To: EightyEight who wrote (1321)11/19/1999 3:02:00 PM
From: Investor Clouseau  Read Replies (1) | Respond to of 4792
 
this info on my experience yesterday with TRAC, so you can make an informed decision;

Place a limit buy for a Chinese OTC; got a partial fill (12% of my order) before the MM's raised the ask; then cancelled my order, but MM's would not acknowledge the cancel; finally got a broker on the phone an hour later; broker cancelled the remainder of my order and it was removed from my MyTrade screen; stock started to tank so I sold the amount that I showed on my positions page; my positions page after the close of the market showed no position in that stock; this morning around 10AM I noticed I owned the amount that I was told AND shown was cancelled; finally got hold of a broker this morning and was told I owned it but a supervisor would look into it; meanwhile stock dropped even more; 3 hours later, supervisor told me I owned it and there is nothing I can do; supervisor insulted me by offering me 3 free trades(done 127 so far this month);sold the stock.

Just a warning to be careful if trying to play momo's with MyTrade.

IC